SXY 0.00% $4.60 senex energy limited

Interesting read, cheers. I read an interesting article on...

  1. 277 Posts.
    Interesting read, cheers.
    I read an interesting article on projected Deepwater decommissioning costs an timelines for North Sea projects.

    I think it was bloomberg (can't find the link on mobile atm).

    The take away of the article was basically the big north sea oil players have pulled back on future investment, but will still have huge decommissioning costs going forward 3-10 years.

    IMHO smaller onshore plays like sxy are a better investment long term.
 
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